Pictured above: (l-r) Leigh Dyson, Alan Hardy and Simon
Robinson
The Nottinghamshire Leisure Group Ltd has bought Cotgrave Place
Golf Club, near Nottingham, from Crown Golf. The club will be
rebranded as The Nottinghamshire Golf and Country Club from 1st
September 2010.
The new owners comprise a group of Nottinghamshire businessmen,
Alan Hardy (Managing Director of Paragon Interiors Group Plc),
Simon Robinson (owner of Joshua Tree Day Spa) and Leigh Dyson
(Chairman of Sherwood Forest Golf Club)
Alan Hardy said: "Cotgrave Place Golf Club has an excellent
reputation and we are delighted to be acquiring such a fantastic
facility. It has 36-holes set in over 240 acres and includes a
recently remodelled, 9-bay, floodlit driving range.
"This is a highly profitable business with a proven trading
record, almost 1,000 members and has good green fee, golf society
and function revenue streams. We appreciate the strong position
that the club is in as we acquire it and would like to thank Crown
Golf for that.
"All 3 of us are huge golf enthusiasts and I would also like to
reassure current and future members that we will be working hard to
maintain and exceed the standards set to date and we will be
publicly announcing some exciting new developments in the coming
months."
Already confirmed additions to the club include a re-modelled
and refurbished bar and restaurant, upgraded conference and
banqueting facilities and the very latest custom-fit equipment
centre.
Crown Golf has traded the property since January 2005 following
its acquisition as part of the American Golf (AGUK) acquisition.
The club was originally founded in 1991 and boasts The Open
and Masters Golf Courses. In 1997 The Masters was extended from 9
to 18 holes with a design from Peter Allis and in 2006 received
some additional remodelling work to enhance its reputation.
Cotgrave Place was placed on the market in June 2010 by the
company, with Humberts Leisure managing the sale. Stephen Lewis,
CEO of Crown Golf comments on the sale:
"Following a phase of acquisition in 2004-2007, we have entered
into a period of consolidation, focussing on the clubs which the
business wishes to retain for the long term - either for
operational reasons, or as a result of their development
potential.
"We expect there to be minimal impact for Cotgrave staff and
club members during this process, and we are delighted to hand the
club over to new owners while it is in such good health."